Leoni AG of Nuremberg has raised its forecast for fiscal 2010. The Company now expects to generate sales of between EUR 2.6 and 2.7 billion and thus to achieve a year-on-year increase of between 20 and 25 percent. Earnings before interest and taxes (EBIT) are now put at about EUR 100 million. Leoni previously projected a sales rise of about 10 percent to EUR 2.4 billion with EBIT of at least EUR 50 million.
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